NFTb announces V2.0 platform upgrade
Over the past quarter, the NFTb product and development team has been hard at work rebuilding its platform to ensure we can accelerate the deployment of new features and bring more users to Web3.
NFTb is excited to share another major technological upgrade to its platform, transforming it from Web2 to Web3. The new release will optimize NFTb's platform scalability and seek to support its thriving categories in digital art NFTs, DeFi, Metaverse, and music NFTs Play-2-Earn Gaming.
"These high-growth user-centric categories need to deliver an extraordinary user experience at lower cost and with minimal bridging friction, which is a core strength of the NFTb platform," said Olexiy Federov, CTO of NFTb.
V2.0 technology upgrade release function
1. Web2 to Web3
The flip from Web2 to Web3 , a fundamental update to the backend and frontend will allow users to navigate easier, cheaper, and faster, making the entire user experience even better.
We've updated the NFTb platform to integrate technologies such as Node.JS Mongo Cloud DB, Next.JS, and others used by leading Web3 platforms.
This will enable NFTb to use existing Web3 libraries to rapidly integrate and deploy new functionality.
2. WalletConnect Integration
The new launch will enable multiple wallet integrations via WalletConnect - a widely supported Web3 standard across different wallets (eg Trustwallet, Coin98), chains and applications. Users can now selectively choose between MetaMask and WalletConnect integrations according to their needs.
3. $NFTB as payment token
Adding the native $NFTB token as a second payment option will allow users to sell their NFTs with a 0% platform fee, compared to the current 10% fee for BNB. NFT creators and owners can choose between future $BNB and $NFTB payment options.
4. NFTs
In addition, the detailed transaction history of NFTs is introduced into the NFTb market. This will allow for a more comprehensive overview of NFTs - minting, transfer, auction creation, bidding, auction closing, transfer - providing a smoother experience for upcoming game releases.
The team has previously expressed its interest in Web3 and Metaverse by appointing a "Game Director" and announcing various Web3 and Metaverse partnerships. NFTb games will be the main growth area for NFTb in 2022.
5. New search mechanism
This feature does exactly what it says it is - allowing users to easily use and navigate the search bar and view search results in one search page by displaying items, users, collections and NFTs.
6. New Launchpad filter
This feature provides a more unified view to sort items launched on the NFTb Launchpad. Users can now easily filter and view all upcoming projects, or select only IDO, INO or private sales.
7. BEP1155 multi-version NFT minting and trading 👉 next week
Currently , there is only one NFT minting and trading option on NFTb. With the V2.0 upgrade, users will be able to mint and trade multiple copies of NFTs (up to 10,000).
Fixed and reserve price auction breaks 📍
The NFTb development team is rolling out the V2.0 technology upgrade, today (19th April 2022) there are a few steps to note:
a) Fixed price auction: will be automatically cancelled and the owner will need to relist the NFT on a new contract.
b) Reserve Auction: NFT owners need to manually remove from auction and claim NFT from the old contract and relist the NFT on the new contract.
Since the new smart contract is already live, no additional steps are required to relist your NFT.
-- remove from auction
Road to the top
At NFTb, we believe that users are better served when the platform is designed around their interests and needs. Our mission is to create a platform for creators to gain access to DeFi and provide the best user experience for anyone, anywhere. As part of our 2022 roadmap, we are pleased to reveal the next major milestones:
NFTb Earning - Stage 3 / Farming
Cross-chain integration
Q2&Q3, NFTb will work closely with well-known NFT projects, creators and partners to further build the NFT ecosystem, and welcome more users to join the ever-expanding Metaverse. Another major priority is a network upgrade to Binance NFT for on-chain trading, which will allow us to better embrace the global NFT community and users by providing a more innovative and robust trading platform.
Many thanks to the loyal community of NFTb! The whole team is excited to share more updates and features in the coming days. Please note that the V2.0 upgrade is still in beta and we would appreciate feedback and any suggestions from community members.
About NFTb
NFTb is a complete multi-chain DeFi and NFT platform for the community. Our mission is to help creators feel comfortable and love using DeFi dApps.
NFTb provides a premium NFT marketplace where users can access buyers from around the world and across multiple chains, a DeFi platform that provides users with access to yield farming opportunities, and a DeFi platform created to help creators and projects build early support launchpad.
NFTb is backed by Binance Accelerator Fund, Rarestone Capital and Spark Digital Capital.
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